Life insurance is an important financial product that can protect your family if something happens to you. One of the biggest considerations when buying life insurance—and calculating how much coverage you need—is your mortgage.

Mortgage insurance is a term policy that provides declining coverage as your mortgage value declines over time. While mortgage protection insurance products were available not that long ago, they have been steadily phased out by carriers because most people don’t stay in the same home for 30 years, or they refinance at some point in time. Instead, it makes more sense to purchase term life insurance that can protect your family in your absence to include paying off the mortgage balance on your home.

To select our top picks, we researched 13 insurance companies across a series of categories that are important to borrowers, including availability, product features and benefits, and third-party ratings from reputable companies such as J.D. Power and A.M. Best.